Treatment of Liabilities. The amount of any liability shall be determined for purposes of this Section 4.05 taking into account Section 752(c) of the Code and any other applicable provisions of the Code and the Treasury Regulations.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Lazare Kaplan International Inc), Limited Liability Company Agreement (Lazare Kaplan International Inc)
Treatment of Liabilities. The amount of any liability shall be determined for purposes of this Section 4.05 2.2 taking into account Section 752(c) of the Code and any other applicable provisions of the Code and the Treasury Regulations.
Appears in 1 contract
Treatment of Liabilities. The amount of any liability shall be determined for purposes of this Section 4.05 4.2 taking into account Section 752(c) of the Code and any other applicable provisions of the Code and the Treasury Regulations.
Appears in 1 contract
Samples: Operating Agreement (Xethanol Corp)
